Cassa di Risparmio di Cesena S.p.A. also known as Carisp Cesena in short, was an Italian savings bank based in Cesena, in the province of Forlì-Cesena, Emilia-Romagna region. The bank had branches mostly in Emilia-Romagna region (87%; Forlì-Cesena province: 39, Ravenna 35, Rimini 10, Bologna 10, Modena 3, Ferrara 3, Reggio Emilia 2) However it also had 5 branches in Marche (2 in Ancona, 3 in Pesaro-Urbino), Umbria (province of Perugia 3), Tuscany (Arezzo province 3) and Veneto (Padova 2, Rovigo 1).

History

Cassa di Risparmio di Cesena was found in 1841 in Cesena, the

Papal States The Papal States ( ; ; ), officially the State of the Church, were a conglomeration of territories on the Italian peninsula under the direct sovereign rule of the pope from 756 to 1870. They were among the major states of Italy from the 8th c ...

by 105 private citizens, two year after fellow saving bank in

Forlì Forlì ( ; ; ; ) is a ''comune'' (municipality) and city in Emilia-Romagna, Northern Italy, and is, together with Cesena, the capital of the Province of Forlì-Cesena.The city is situated along the Via Emilia, to the east of the Montone river, ...

who found by a decree of

Pope Gregory XVI Pope Gregory XVI (; ; born Bartolomeo Alberto Cappellari; 18 September 1765 – 1 June 1846) was head of the Catholic Church and ruler of the Papal States from 2 February 1831 to his death in June 1846. He had adopted the name Mauro upon enteri ...

. In 1991, due to Italian banking reform, the organization was split into Fondazione Cassa di Risparmio di Cesena, as the owner of the bank and a philanthropic organization, and Cassa di Risparmio di Cesena S.p.A., a

Società per azioni (; abbr. S.p.A. or spa ) is a form of corporation in law of Italy, Italy, meaning 'company with shares' (although often translated as 'joint-stock company', which may or may not be a limited liability entity). It is more or less equivalent to ...

which operates as a bank ( P.IVA 02155830405). On 1 January 1999, the owner of Carisp Cesena and Banca di Romagna, forming a new holding company Unibanca for the two banks. The new banking group cover the whole Emilia-Romagna region. Unibanca, actually was the renaming of ldCassa di Risparmio di Cesena S.p.A., with a new subsidiary of the same name (Cassa di Risparmio di Cesena S.p.A.) was also incorporated (P.IVA 02626170407) on 5 August 1998. On 4 October 2010 Carisp Cesena was absorbed by the holding company Unibanca, with Unibanca revered to use the old name "Cassa di Risparmio di Cesena S.p.A.". In 2013, Banca di Romagna was also absorbed by Carisp Cesena, but retained as a banking division. As of 31 December 2014, the original owner of the bank still held 48.027% of the shares, followed by former owner of Banca di Romagna, the banking foundations from

Lugo Lugo (, ) is a city in northwestern Spain in the autonomous communities of Spain, autonomous community of Galicia (Spain), Galicia. It is the capital of the Lugo (province), province of Lugo. The municipality had a population of 100,060 in 2024, ...

(11.575%) and

Faenza Faenza (, ; ; or ; ) is an Italian city and comune of 59,063 inhabitants in the province of Ravenna, Emilia-Romagna, situated southeast of Bologna. Faenza is home to a historical manufacture of majolica-ware glazed earthenware pottery, known ...

(6.462%), both from the province of Ravenna;

Banca Popolare di Puglia e Basilicata Banca Popolare di Puglia e Basilicata S.C.p.A. is an Italian cooperative bank based in Altamura, in the province of Bari, Apulia region. The bank had 137 branches, covering 12 out of 20 regions of Italy. However, they were located mainly in Sou ...

owned 0.20% stake. In 2016, after the 2015 financial statements of the bank was approved by the board of directors (which saw the banking group CET1 Ratio had decreased to just 1.63% at 31 December 2015), a capital increase of €280 million was announced, which was reserved to voluntary scheme of

Fondo Interbancario di Tutela dei Depositi Fondo () is a ''Communes of Trentino, comune'' (municipality) in Trentino in the northern Italy, Italian region Trentino-Alto Adige/Südtirol, located about north of Trento, precisely at the northern limit of the Val di Non. Fondo borders the f ...

. The banking foundations received free warrants to subscribe additional new shares. Eventually FITD owned 95.3% of the share capital after the capital increase. In 2017 it was announced that Crédit Agricole Italia has interested to acquire the bank, which a process of due diligence was started in the same year. A contract was signed on 29 September 2017, with FITD voluntary scheme was responsible to recapitalize and clean up the non-performing loans before handover. In 2018, it was announced that the bank would be absorbed into Crédit Agricole Italia, ending its history as a separate entity.

References

External links

*
Fondazione Carisp Cesena
{{in lang, it Banks established in 1841 1841 establishments in the Papal States Banks disestablished in 2018 2018 disestablishments in Italy Defunct banks of Italy Companies based in the Province of Forlì-Cesena Cesena Former Crédit Agricole subsidiaries Italian companies established in 1841

History

See also

References

External links